Toronto, Ontario–(Newsfile Corp. – June 28, 2016) – Highvista Gold Inc. (TSXV: HVV) (“Highvista” or the “Company”) provides a further update to its announced change of business dated August 31, 2015, after an extensive review of the strategic investment landscape and opportunities to drive shareholder growth, the Corporation has decided to transition its investment focus to include the areas of equipment financing in the construction and infrastructure areas and real estate-oriented investments and to not at this time pursue existing or future investments in the mining area as previously announced. In the context of this change in focus, the Corporation is pleased to announce that it intends to sell all of its interests in its Mexican mining exploration assets to Minerales y Yacimientos Mexicanos Sacreamento S.A de CV, an arm’s length private company. The Corporation holds its interests in its Mexican assets through Minera Cascada de Oro, S.A. de C.V. (hereinafter “Minera”), wholly owned by the Corporation’s two wholly owned subsidiaries, Highvista Gold Corporation and Lowvista Gold Corporation (together the “Subsidiaries”). Pursuant to a Purchase and Sale Agreement which became binding on June 23, 2016 (the “Purchase Agreement”), the Subsidiaries have agreed to sell 100% of the shares that they hold in Minera for an amount of $375,000. This sale is subject to the completion of the following principal conditions: i) payment of all Mexican taxes relating to the properties by the Subsidiaries at the date of Closing; ii) the completion of a reverse takeover transaction (the “RTO”) by the Corporation; and iii) approval of the shareholders of the Corporation.